Natural Grocers by Vitamin Cottage, Inc. income statement NGVC

Annual Quarterly

In Q3 of fiscal 2026, the quarter ended Jun 30, 2026, Natural Grocers by Vitamin Cottage, Inc. reported revenue of $334.7 million, up 1.8% from the same quarter a year earlier. Net income was $11.1 million, a profit margin of 3.3%. Operating income came to $15.0 million, an operating margin of 4.5%. Diluted earnings per share were $0.48.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the same quarter a year earlier.

TTM
Jun 30, 2026
Q3 FY2026
Jun 30, 2026
Q2 FY2026
Mar 31, 2026
Q1 FY2026
Dec 31, 2025
Q4 FY2025
Sep 30, 2025
Q3 FY2025
Jun 30, 2025
Q2 FY2025
Mar 31, 2025
Q1 FY2025
Dec 31, 2024
Q4 FY2024
Sep 30, 2024
Revenue
1,344
+2.0%
335
+1.8%
337
+0.5%
336
+1.6%
336
+4.2%
329
+6.3%
336
+9.0%
330
323
+9.3%
Gross profit
398
+1.0%
98
-0.3%
102
+0.7%
99
+0.0%
99
+3.8%
98
+8.8%
102
+12.6%
99
95
+13.1%
Selling, general and administrative
43
-0.9%
10
-13.2%
12
+10.0%
11
-5.9%
11
+6.1%
11
+14.7%
11
+15.8%
12
10
+4.4%
Operating income
63
+8.0%
15
-3.8%
18
+3.1%
15
+9.7%
16
+28.5%
16
+21.3%
18
+55.9%
13
12
+56.0%
Interest expense
3
-20.9%
1
-4.5%
1
-15.7%
1
-22.8%
1
-33.9%
1
-34.0%
1
-36.3%
1
1
+28.3%
Pretax income
61
+9.8%
14
-3.8%
17
+4.0%
14
+12.1%
15
+34.4%
15
+26.3%
17
+66.6%
12
11
+59.2%
Income tax
13
+12.4%
3
-0.9%
4
+9.1%
3
+4.5%
3
+50.1%
3
+27.1%
4
+74.4%
2
2
+93.3%
Net income
48
+9.1%
11
-4.6%
13
+2.5%
11
+14.0%
12
+31.0%
12
+26.0%
13
+64.6%
10
9
+53.2%
Basic EPS
2.07
+8.6%
0.48
-5.9%
0.58
+1.8%
0.49
+14.0%
0.51
+30.1%
0.51
+27.5%
0.57
+62.9%
0.43
0.40
+52.8%
Diluted EPS
2.05
+9.0%
0.48
-4.0%
0.58
+3.6%
0.49
+14.0%
0.51
+30.4%
0.50
+25.0%
0.56
+60.0%
0.43
0.39
+51.1%
Weighted average shares, basic
23
+0.5%
23
+0.4%
23
+0.4%
23
+0.5%
23
+0.7%
23
+0.7%
23
+0.8%
23
23
+0.3%
Weighted average shares, diluted
23
+0.1%
23
-0.2%
23
-0.3%
23
+0.4%
23
+0.4%
23
+0.9%
23
+0.9%
23
23
+1.4%
Other measures
Depreciation and amortization
32
+2.4%
8
+4.8%
8
+3.3%
8
+0.3%
8
+1.1%
8
+1.4%
8
+2.4%
8
8
+6.0%
EBITDA
96
+6.0%
23
-0.9%
26
+3.2%
23
+6.2%
24
+17.6%
24
+13.8%
25
+34.2%
21
20
+31.4%
Interest coverage
23.39x
22.62x
28.65x
20.54x
22.27x
22.46x
23.40x
14.46x
11.46x
Margins
Gross margin
29.64%
29.28%
30.36%
29.46%
29.46%
29.90%
30.30%
29.93%
29.55%
Operating margin
4.71%
4.48%
5.37%
4.36%
4.61%
4.74%
5.23%
4.04%
3.74%
Pretax margin
4.51%
4.28%
5.18%
4.15%
4.40%
4.53%
5.00%
3.76%
3.41%
Profit margin
3.55%
3.31%
3.98%
3.38%
3.51%
3.53%
3.90%
3.01%
2.79%
EBITDA margin
7.12%
6.97%
7.78%
6.74%
7.00%
7.16%
7.58%
6.45%
6.20%
Effective tax rate
21.31%
22.74%
23.12%
18.66%
20.30%
22.08%
22.03%
20.02%
18.19%
How these figures are calculated

Quarterly columns are single-quarter amounts. When a 10-Q reports only a year-to-date total, as cash flow statements do, the quarter is that total minus the previous quarter's year-to-date total. The fourth quarter is the annual report's full year minus the first nine months. A column marked YTD is a year-to-date total, shown when the earlier report needed for the single quarter is missing. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.

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Company profile

Industry
Retail-Grocery Stores (SIC 5411)
Listed as
NGVC (NYSE)
Fiscal year ends
September 30
Incorporated in
DE
Headquarters
Lakewood, CO
SEC filer status
Accelerated filer
SEC CIK
1547459

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.